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Apr 26, 2013
04/13
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economy. the first one is home builders. all the numbers were above expectations and you can see the gains. this is one week that we are talking about. and essentially it's amazing. aerospace is theç second brigh spot. commercial aerospace has been very strong. all of the companies have reported earnings and they have been, for the most part, very good. if you want, a poster child for the problem that i had with earnings and with top line. big global company. and they specially said europe was a major problem. the main reason that's enough to flip them into negative territory. >> thanks bob, appreciate it. >> as bob wz mentioning, we're seeing this rotation of capital into cyclical sectors and even technology while the sector is down today. outperforming the s&p 500. we're seeing that bid in technology. some of the biggest winners include many of the biotech names. here is a reason that the nasdaq is under pressure today. amazon saw a ç22% jump. as amazon's revenue continues to rise, the stock price has been moving but t
economy. the first one is home builders. all the numbers were above expectations and you can see the gains. this is one week that we are talking about. and essentially it's amazing. aerospace is theç second brigh spot. commercial aerospace has been very strong. all of the companies have reported earnings and they have been, for the most part, very good. if you want, a poster child for the problem that i had with earnings and with top line. big global company. and they specially said europe...
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May 9, 2013
05/13
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economy. a stronger than expected jobs report. europe is still in recovery mote from the debt crisis. we have seen slower growth from china and india. what names made the list? the biggest companies include att, wells fargo and cvs care mark. all of these stocks are trading below the s&p 500 priced to earnings ratio. >> thank you very much. >> what do the hedge fund managers think about the record breaking markets. >> who better to speak to than lee cooperman, the great investor. he is up 14% this year and had just a tremendous 2012. he gave us his opinion on where the markets currently are where is where they could go from here. >> the fed moves away from qe 3 and we have a 10 to 15% correction. qe3 will be with us until the middle of 2014. you have got to stay involved. >> you know, again, lee cooperman, who also, by the way, said that he did get back into apple through options in the low 400s. much was made in 2012 and also, by the way, bullish on facebook. it moved the stock. >> we think that people are underestimating the. >>
economy. a stronger than expected jobs report. europe is still in recovery mote from the debt crisis. we have seen slower growth from china and india. what names made the list? the biggest companies include att, wells fargo and cvs care mark. all of these stocks are trading below the s&p 500 priced to earnings ratio. >> thank you very much. >> what do the hedge fund managers think about the record breaking markets. >> who better to speak to than lee cooperman, the great...
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May 13, 2013
05/13
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and it's still the economy, stupid. really. china, of course, and the fed all playing tug of war with your portfolio. here is president obama just a few moments ago. >> i first learned about it from the same news reports that i think most people learned about this. irs and were intentionally targeting conservative groups then that's outrageous. >> as you know, larry already has a lot to say. >> all right. welcome. we're going to start with irs gate. what do you think about this. >> now a tea party and patriots. any applications from these 501 c-4s. associated with israel groups. you were put under the mike scope. that's a new revelation. a second memo came out in july of 2011. >> it certainly doesn't make it right at any level. >> it's stupid no matter where it started. see which people are really legitimate. if you apply for that status you can do some political work. too late for them to be saying outrageous. of course it is. >> how about the treasury department? where is the treasury department? >> they should have said it f
and it's still the economy, stupid. really. china, of course, and the fed all playing tug of war with your portfolio. here is president obama just a few moments ago. >> i first learned about it from the same news reports that i think most people learned about this. irs and were intentionally targeting conservative groups then that's outrageous. >> as you know, larry already has a lot to say. >> all right. welcome. we're going to start with irs gate. what do you think about...
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Jun 7, 2013
06/13
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copper tied to the economy. as the economy looks a little bit better and jobs look a little bit better, copper is holding up better than the rest of the complex. back to you. >> thanks so much. this morning we had allen greenspan. here is what he had to say. >> tapering is obviously the first thing. but tapering is still increasing the size of the balance sheet and that means it's going to be a little bit more difficult to reverse it. i'm a little concerned that the reversal is more difficult than we may think. >> that was the former head, alan greenspan. tapering is still increasing the balance sheet, something the fed should not be doing. >> he is making a radical argument that i don't think the street is ready for and that is that they should stop tapering right now. i don't think the fed is ready for that right now. everybody can now say the fed is probably now comfortable with this policy that they have got. let's move on here. there was an article out saying the fed is on track to reduce its buying program
copper tied to the economy. as the economy looks a little bit better and jobs look a little bit better, copper is holding up better than the rest of the complex. back to you. >> thanks so much. this morning we had allen greenspan. here is what he had to say. >> tapering is obviously the first thing. but tapering is still increasing the size of the balance sheet and that means it's going to be a little bit more difficult to reverse it. i'm a little concerned that the reversal is more...
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Oct 1, 2013
10/13
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it means a stronger economy. remember, most republicans have made a whole bunch of predictions about this law that haven't come true. there are no death panels. costs haven't sky rocketed. they're growing at the slowest race in 50 years. the last three years since i signed the affordable care act into law are the three slowest rates of health spending growth on record. contrary to republican claims this law hasn't destroyed our economy, our businesses have created 7.5 million new jobs. just today we learned that our manufacturers are growing at the fastest rate in 2.5 years. they have factored in affordable care act. they don't think it's a problem. what's weighing on the economy is not the affordable care act but the constant series of crises and unwillingness to pass a reasonable budget by a faction of the republican party. like every new law, every new product rollout, there are going to be glitches in the sign-up process along the way that we will fix. for example, we found out that there have been times this
it means a stronger economy. remember, most republicans have made a whole bunch of predictions about this law that haven't come true. there are no death panels. costs haven't sky rocketed. they're growing at the slowest race in 50 years. the last three years since i signed the affordable care act into law are the three slowest rates of health spending growth on record. contrary to republican claims this law hasn't destroyed our economy, our businesses have created 7.5 million new jobs. just...
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Feb 13, 2013
02/13
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but somehow the economy -- >> not at all, jane. on the new cnbc, you can say anything. >> not only is that help going to help the workers, it is going to make a huge difference for people in that income bracket. and you will get a better quality worker and more productivity if you pay them more. ultimately it is good. i can tell you, if cnbc paid more for this position, they could do better than me. >> oh, don't say that, don't say that. >> marco rubio, last night, taking a sip of water, fra spring, listen. >> nothing frustrated me more than false choices than the one the president laid out tonight. the choice isn't just become big business -- >> oh, jane you lived on prime time for years in l.a., do you feel his pain? >> well, here is the thing. that's the only part i have to admit in the whole state of the un con thing i tuned into. we have been obsessed with this homicidal cop killer we have been dealing with. so by the time that was over, i tune need that. i like the fact that afterwards we actually made fun of himself. he twee
but somehow the economy -- >> not at all, jane. on the new cnbc, you can say anything. >> not only is that help going to help the workers, it is going to make a huge difference for people in that income bracket. and you will get a better quality worker and more productivity if you pay them more. ultimately it is good. i can tell you, if cnbc paid more for this position, they could do better than me. >> oh, don't say that, don't say that. >> marco rubio, last night,...
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Nov 5, 2013
11/13
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so therefore, you've got these investors we've been talking about, recovering economy, talking about 2014, talking about getting back into equities and it's a perfect sign. >> what's amazing to me, why the rotation hasn't started earlier. i think it's been very sticky. i think the opposite is going on. why don't we see the great rotation. we're seeing modest outflows from bond funds but it's been modest. there is no avalanche. a lot of that money goes into -- >> which a lot worry -- >> sits? money funds before stocks. we've had inflows in stocks. given the outflows we had in the prior four years i don't think it's an avalanche. i would like a bigger rotation. who believes that treasures have a lot of room to move? look what happened in may and june. >> right. >> we dropped 4% and a lot of bond funds yielding 1% a year. who doesn't notice that? >> i think there's a sense of nervousness. the market has had this great move this year and people are saying, we're up 24%. what's going to happen? come in, go out. they're cautious, right? that's why they go from bonds to money market until t
so therefore, you've got these investors we've been talking about, recovering economy, talking about 2014, talking about getting back into equities and it's a perfect sign. >> what's amazing to me, why the rotation hasn't started earlier. i think it's been very sticky. i think the opposite is going on. why don't we see the great rotation. we're seeing modest outflows from bond funds but it's been modest. there is no avalanche. a lot of that money goes into -- >> which a lot worry --...
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Aug 15, 2013
08/13
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interest rates were rising, the economy was lumpy. we had a new fed chief at that time, alan greenspan. do you remember what happened in october of 1987. do we need to worry that history might repeat itself this october? >> i'm not going that far in terms of the extent of the decli decline. investors need to pay attention to what got us here. low interest rates, artificially low interest rates, debt pumping and everything else didn't matter. earnings didn't matter. as long as the feds were printing money to the extent they were, the stocks went higher. that is now no longer the case, at least from the perspective of september/october tapering possibilities. they've also started the process of tapering and tightening. that's the only thing that matters right now. >> doour you think the worst ofe interest rate rises are behind us? and there you see 2.78%. they've been moving up in the past couple of days on the 10-year. do you think the rises are behind us or ahead of us? >> i think in the short term, most of it is behind us, but in the
interest rates were rising, the economy was lumpy. we had a new fed chief at that time, alan greenspan. do you remember what happened in october of 1987. do we need to worry that history might repeat itself this october? >> i'm not going that far in terms of the extent of the decli decline. investors need to pay attention to what got us here. low interest rates, artificially low interest rates, debt pumping and everything else didn't matter. earnings didn't matter. as long as the feds...
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Jan 14, 2013
01/13
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and what is its impact on the economy and productivity. joining me now is hudson institute senior fellow and former health and human services. nice to have you back. do we have a gauge as to how much this flu will cost the busy con my in businesses? >> unfortunately costing businesses about $10.4 billion. that is real cash it will cost businesses. on the other hand, while businesses need to get work done, they need to be careful not to force people to come to work, spread it, and make it worse. >> a lot of people want it hang on to their jobs. the economy is recovering but we are not back to the best employment yet. a lot of employees feel they have to come in no matter what. >> the truth is, you learned all the things you need to learn in kindergarten. wash your hands well, cough into your sleeve. if you're sick, don't go to sleeve or work. it does put people into a bind and we know it is a tough situation. >> this flu seemed to come earlier than in the past. is that the case? >> we're not sure it is that much worse than other flu seasons
and what is its impact on the economy and productivity. joining me now is hudson institute senior fellow and former health and human services. nice to have you back. do we have a gauge as to how much this flu will cost the busy con my in businesses? >> unfortunately costing businesses about $10.4 billion. that is real cash it will cost businesses. on the other hand, while businesses need to get work done, they need to be careful not to force people to come to work, spread it, and make it...
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Apr 23, 2013
04/13
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not only having the bottom line of the airlines, but the greater economy. for example, american airlines say it could see a hit of $1.7 million a day as a result of this. now, some suggesting that people may be too quick to point the finger at washington. the faa saying in a statement that 1200 delays yesterday occurred because of the furloughs, but that 1400 more occurred because of bad weather and other factors. so a couple things to consider, but for now i want to send it over to phil lebeau, a top member of the air travel controllers union. >> imto bring in dean yakapelli, in charge of the association, the new york office. dean, your people are the ones who staff the traffic control center at laguardia. you saw the numbers in terms of the numbers of flights delayed. can you give me a sense of how much different the job is for air traffic controllers? how more chaotic is it? >> it certainly changes the perspective when we go into work. we're used to walking into work and having -- normally we have a full staff the air traffic controllers so we can move 1
not only having the bottom line of the airlines, but the greater economy. for example, american airlines say it could see a hit of $1.7 million a day as a result of this. now, some suggesting that people may be too quick to point the finger at washington. the faa saying in a statement that 1200 delays yesterday occurred because of the furloughs, but that 1400 more occurred because of bad weather and other factors. so a couple things to consider, but for now i want to send it over to phil...
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125
Jul 2, 2013
07/13
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we'll see what gold does in situations where there are heightened tensions in any economy around the world, and let's find out what gold has been doing. for that we go to sharon epperson at nymex. sharon? >> reporter: tyler, not much of a safe haven trade going on in the gold market in this session. we're seeing gold prices closing right now, down about $12 and right around 1,243 an ounce, and keep in mind that a lot of traders are focussed today on the strength in the dollar and the relative weakness in gold, also the fact that that we're looking at a holiday shortened weeks and lower volumes is also at play and factory risk data. that could also be weighing on the gold price as a lot of people wondering when the tapering of the quantitative easing will take place and thinking with better economic data it could come very soon. back to you. >> let's see how the bond market is reacting to any of this news, and for that we go as always to rick santelli at the cme. hi, rick. >> hi, tyler. indeed, many traders are watching these images, of course, of cairo, egypt, but in the end, even th
we'll see what gold does in situations where there are heightened tensions in any economy around the world, and let's find out what gold has been doing. for that we go to sharon epperson at nymex. sharon? >> reporter: tyler, not much of a safe haven trade going on in the gold market in this session. we're seeing gold prices closing right now, down about $12 and right around 1,243 an ounce, and keep in mind that a lot of traders are focussed today on the strength in the dollar and the...
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147
Dec 12, 2013
12/13
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he said without it the economy would have been in much worse shape. he has questioned forward guidance. it doesn't really know. so he'll be a supporter of the fed's policy, but he'll certainly raise important questions behind the scenes. >> that goes along with mr. bernanke's wanting dialogue among the fed members and the fed presidents. but how influential do you think he will be with ms. yellen? >> i think enormously influential. i don't think he would be here without really yellen's sanction. i don't think you do that. i don't think that the president would do that. the fed vice chairman plays a particular role. behind the scenes, they can say anything they want. in public, what they tend to be is the intellectual pulling guard for the chairman. you have an idea. you send your vice chairman out and do some of the heavy lifting on that idea. >> kind of the vetting of it. >> the vetting. >> thank you. >>> jpmorgan's jamie dimon saying a big thank-you to congress for getting a budget deal done. eamon javers has the details. >> reporter: jpmorgan's jam
he said without it the economy would have been in much worse shape. he has questioned forward guidance. it doesn't really know. so he'll be a supporter of the fed's policy, but he'll certainly raise important questions behind the scenes. >> that goes along with mr. bernanke's wanting dialogue among the fed members and the fed presidents. but how influential do you think he will be with ms. yellen? >> i think enormously influential. i don't think he would be here without really...
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141
Jun 17, 2013
06/13
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troops over there, so when does that mess over there start forcing gasoline prices higher and maybe the economy, not just here, but globally lower? sue is at the new york stock exchange. hi, sue. >> hi, ty. food to see you. when a monday on wall street to start out week. the dow has been on the move, smartly higher. right now a triple-digit advance on the dow right now of 166 points. the s&p and nasdaq also in green territory with the s&p up just better than 1%, and the nasdaq is up 1.25%, so actually the nasdaq is faring the west of the three indices 3-m, delphi a hitting all-time highs and boeing, staples, amat hitting 52-week highs. the dow having a triple-digit move, but this is the fifth straight move th session where we've seen that kind of move. a look at the vix and we'll talk about that in just a second. the last week it was up 8%, and that brings us to bob pisani who also tracks the volatility. >> we do, and while it's been up since may 22nd when mr. bernanke gave his congressional testimony, the important thing is steady as she goes. the last few days, real found a floor. look at the
troops over there, so when does that mess over there start forcing gasoline prices higher and maybe the economy, not just here, but globally lower? sue is at the new york stock exchange. hi, sue. >> hi, ty. food to see you. when a monday on wall street to start out week. the dow has been on the move, smartly higher. right now a triple-digit advance on the dow right now of 166 points. the s&p and nasdaq also in green territory with the s&p up just better than 1%, and the nasdaq is...
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Feb 7, 2013
02/13
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ with we reveal five more extreme cash photos on apple and we speak to someone who says what they should be doing about it. also eamon javers with a behind the scenes cloak and dagger showing of director of the cia and have you taken a break from facebook or facebook vacation, if you like? and never gone back. we revealed new research that you probably want to know about if you are a facebook investor. all those things coming up on "street signs." back to you on "power lunch." >> thanks, mandy. in today's yahoo! finance question of the day. we ask as housing continues to recover how concerned are you that we may be wentering a housing bubble? 25% say the
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ with we reveal five more extreme cash photos on apple and we speak to someone who says what...